# PPP loan: IRONHORSE, INC.
> **$174K** approved 04/08/2020 · Paid in Full · Loan `8512187002`
## Borrower
- **Name:** IRONHORSE, INC.
- **Address:** 14494 COLLINS BLVD, GULFPORT, MS, 39503-9132
- **NAICS:** 561612
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $142K
- **Rent:** $24K
- **Utilities:** $1K
- **Health care:** $5K
- **Debt interest:** $2K
- **Jobs reported:** 32
## Lender
- **Originating:** The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*